Isaiah J Aragon
How do YOU Screen for your Markets (specifically out of state)
8 December 2021 | 14 replies
Hello BP Community,I wanted to ask everyone how they conduct market research, what you're processes are, and how you go about filtering all 50 states, to exclude states from your research and how you choose states(cities) or areas of interest to take a deep dive in.Ex.
Elizabeth Schartman
Tenant evicted, $2k damages + had criminal background...now what?
25 November 2021 | 33 replies
So you see something negative, but you can't really use that to exclude the potential tenant, right?
Trevor F.
Financing for Multiple 50k Properties
26 November 2021 | 6 replies
When you apply for another residential loan for a rental or second home, you'll be able to show that the properties are owned by an LLC with financing in the name of the LLC and an underwriter should excluded from your 10 loan limit.
Steven Rodriguez
Florida Tenant Laws
28 December 2021 | 4 replies
I believe the definition of single family home would exclude occupancy by four different tenants.
Eric Doe
How to Calculate taxes
9 December 2021 | 17 replies
There is also a potential 3.8% Net Investment Income TaxState Taxes - Dependent on stateSale of Real estate that is considered InventoryFederal Taxes - up to 37%State Taxes - Dependent on stateSelf-Employment taxes - up to 15.3%If it was a personal residence prior to sale, some or all of the tax from gain may be excluded.
Matt Leber
Seeking advice for improving returns on my portfolio of 8 units
5 December 2021 | 61 replies
‘s post acting as reinforcement I feel like either your current pm isn’t screening hard enough for you, something is driving them away (area, pm, or conditions of property), or it’s the market/rental class you are in being a pain (I’m not at all familiar with other rental classes btw… )I also think you have to take the covid no-payer as an outlier and exclude him from your analysis.
Maria D'Aura
Tenants, Dogs, and Insurance company - what can I do?
7 December 2021 | 11 replies
The language in some policies can speak to certain breeds being excluded, but many times they can go even further than that.
A G.
Landlord/Umbrella - lawsuits coverage
7 December 2021 | 7 replies
I have landlord policies (from Gieco/travelers) and it doesn’t explicitly include or exclude any kind of personal injury projection or coverage.
Anthony Ziccardi
First deal house hack duplex
6 December 2021 | 6 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
Katie Jewell
Structuring Repayment of Damages
20 October 2021 | 22 replies
Did you prorate value of damage due to age and exclude normal wear and tear?